AUDJPY Snipper entry!!

5 באפר׳ 2023

Currency Pair : AUDJPY
Possible direction : Bearish
Technical Analysis : After forming a head & shoulder in 4h, AUDJPY has formed strong bearish price action. As the support is broken, price is currently respecting the resistance line and may continue to drop the nearest support level.
From Multiple timeframe perspective, AUDJPY is highly bearish and may continue to drop.
Possible trade recommendation : Bearish as per chart sketch

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